Statistics Canada says, over the first three quarters of 2020, disposable income for the lowest-income households increased 36.8%, more than for any other households. Stats Canada says these changes were driven by unprecedented increases in transfers to households, as the value of government COVID-19 support measures exceeded losses in wages and salaries and self-employment income.
In the early months of 2020, disposable income declined for all households in Canada. The government support rebound happened in the second quarter.
As the economy began to recover in the third quarter, relatively muted gains in disposable income occurred for higher-income earners (+5.5%) and workers aged 55 to 64 (+6.1%), while lower-income earners and younger households held onto gains achieved earlier in the second quarter.
Statistics Canada says the value of COVID-19 support measures exceeds losses in wages and salaries and self-employment income
The difference was most pronounced for middle-income households as, on average, they gained roughly $2,500 more than they lost. On average, young and middle-aged households gained around $3,000 more through COVID-19 support measures than they lost in wages and salaries and self-employment income in the second quarter.
As lockdowns were eased and people returned to work in the third quarter, households received, on average, between $1,000 and $2,600 through COVID-19 support.
















